Offshore Wind Farm Manufacturing Worldwide

Table of Contents

Chapter 1: Executive Summary

Global Offshore Wind Market Value Exceeds $46 Billion

Table 1-1: Global Market Value of Onshore and Offshore Wind Energy Manufacturing, 2010 (in $ millions)

Figure 1-1: Offshore Wind Energy Manufacturing Market Value in 2010 by Region, Expressed as a Percentage of Total Wind Energy Manufacturing

Market Value of Offshore Foundation Manufacturing

Strong Potential for Offshore Wind Energy Manufacturing

Figure 1-2: Cost of Offshore Turbine Project ($ thousand/MW)

Table 1-2: Earnings of Offshore MW Installed, 2010 to 2015, by Region (in $ per MW)

The Global Offshore Wind Energy Picture

Table 1-3: Total Offshore and Onshore Wind Energy Installed Capacity, by Region, 2007 to 2010 (in MW)

Table 1-4: Global Forecast of Offshore Wind Energy Generating Capacity, by Region, 2010 to 2015 (in MW)

Europe’s Long-term Commitment Lies Offshore

Table 1-5: Share of Total European Installed Wind Energy Capacity, 2006 to 2010 (in MW)

Table 1-6: Total European Offshore Wind Power Installations, 2010 to 2015 (in MW)

U.S. Grows Interest in Offshore Wind Energy

China is Leading Asia’s Offshore Efforts

Table 1-7: Offshore Wind Energy Capacity Installed in Asia, 2010 to 2015 (in MW)

Offshore Wind Farm Development Challenges

Offshore Wind Research Developments

Wind Turbine Product Innovation

Innovations in Electricity Grid Integration

U.S. Offshore Wind Farm Innovations

Innovations in Offshore Foundations

Offshore Market will Reach $78.5B by 2015

Table 1-8: Global Market Value of Offshore Wind Energy Manufacturing, by Region, 2010 to 2015 (in $ millions)

Chapter 2: Introduction and Overview

Report Scope

Methodology

Terminology

Wind Turbine Components

Table 2-1: Turbine Component Weights and Costs

Birth of an Offshore Wind Farm

Maintenance Requirements

Structural and Connection Requirements

Foundation Requirements

Future Foundation Designs

Chapter 3: Global Activities in Offshore Wind Energy

Consumption of All Renewable Energy

Table 3-1: Global Consumption of Energy by Type and Country Group (in Quadrillion BTUs)

Table 3-2: Renewable Energy Consumption by Energy Use Sector and Energy Source in, 2002-2010 (Quadrillion BTUs)

Figure 3-1: Share of Consumption of Renewable BTU Energy in the U.S., by Source, 2002 and 2010

Table 3-3: Electricity Generation Capacity, by Source and Region, 2009 and 2015 (GwH)

The Global Offshore Wind Energy Picture

Table 3-4: Total Offshore and Onshore Wind Energy Installed Capacity, by Region, 2007 to 2010 (in MW)

Table 3-5: Global Forecast of Offshore Wind Energy Generating Capacity, by Region, 2010 to 2015 (in MW)

Table 3-6: Global Share of Installed Offshore Wind Energy Capacity, 2010 and 2015

Table 3-7: Global Onshore Wind Energy Installed Capacity, by Region, 2010 to 2015

Table 3-8: Global Onshore Wind Energy Share of Total Installed Capacity, 2010 and 2015

Figure 3-2: Regional Share of Offshore Wind Energy Installed Capacity to Total Wind Energy Installed Capacity, 2010 to 2015

Table 3-9: CAGR of Total Wind Energy Installed Capacity, by Region, 2010 to 2015 (in MW)

Table 3-10: Share of Total Wind Energy Installed Capacity by Region, 2010 and 2015

Europe’s Long-term Commitment Lies Offshore

Table 3-11: Share of Total European Installed Wind Energy Capacity, 2006 to 2010 (in MW)

Table 3-12: European Wind Installation Specifications

Figure 3-3: Share of Offshore and Onshore Wind Energy Capacity by European Country, 2010

Table 3-13: Total European Offshore Wind Power Installations, 2010 to 2015 (in MW)

Table 3-14: European Offshore Wind Energy Capacity Growth, 2010 to 2015

Table 3-15: Offshore and Onshore Installed Capacity in Europe

Table 3-16: Total Europe Installed MW of Wind Energy, 2007, 2008 and 2010

Table 3-17: Offshore and Onshore Wind Energy Installations in Europe, 2010 to 2015

U.S. Grows Interest in Offshore Wind Energy

Table 3-18: Top States with Cumulative Wind Power Capacity, 2007 to 2010 (in MW)

Table 3-19: Total North American Offshore Wind Energy Capacity, 2010 to 2015 (in MW)

Table 3-20: CAGR of Onshore Wind Energy Capacity in North America, 2010 and 2015 (in MW)

Trends Affecting Offshore Growth in the U.S.

China is Leading Asia’s Offshore Efforts

Table 3-21: Offshore Wind Energy Capacity Installed in Asia, 2010 to 2015 (in MW)

Table 3-22: Installed Wind Power Capacity in Asia, 2006 to 2010 (in MW)

Table 3-23: Total Wind Energy Capacity Installed in Asia, 2010 and 2015 (in MW)

Table 3-24: Total Onshore Wind Energy Capacity Installed in Asia, 2010 and 2015 (in MW)

Chapter 4: The Global Offshore Wind Energy Market

Table 4-1: Global Market Value of Onshore and Offshore Wind Energy Manufacturing, 2010 (in $ millions)

Table 4-2: Growth of Global Offshore Wind Energy Manufacturing Market Value, 2006 to 2010 (in $ millions)

Figure 4-1: Compound Annual Growth Rates of Offshore Wind Energy Manufacturing, by Region, 2006 to 2010

Offshore Manufacturing is Small Percentage of Total Wind Energy Market

Figure 4-2: Offshore Wind Energy Manufacturing Market Value in 2010, by Region (Expressed as a Percentage of Total Wind Energy Manufacturing)

Table 4-3: NAICS Codes and Descriptions of Wind Turbine Components

Table 4-4: NAICS Codes and Descriptions of Wind Turbine Subcomponents..59

Caveat to Using the 6-digit NAICS Codes

Imports and Exports of Wind Turbine Components

Table 4-5: Total U.S. Shipments of Wind Turbine Subcomponents, 2006 to 2010 (in millions)

Shipment Value of Wind Turbine Components

Table 4-6: Share of U.S. Shipment Value of Wind Turbine Subcomponents, 2006 and 2010 (in millions)

Table 4-7: U.S. Domestic Imports of Wind Turbine Subcomponents, 2006 to 2010 (in millions)

Table 4-8: Share of U.S. Domestic Imports of Wind Turbine Subcomponents, 2009 vs. 2010

Table 4-9: Growth of U.S. Domestic Exports of Wind Turbine Subcomponents, 2002 to 2008 (in millions)

Trade Value of Wind Energy Components Used in Offshore Manufacturing

Table 4-10: U.S. Market Value of Subcomponents Used to Manufacture for Offshore Wind Turbines (in $ millions)

Table 4-11: Total Market Value of U.S. Wind Turbine Manufacturing, 2006 vs. 2010 (in $ millions)

Table 4-12: U.S. Shipments of Subcomponents Used to Manufacture Offshore Wind Turbines (in $ millions)

Table 4-13: U.S. Shipments of Offshore Wind Energy Components Expressed as a Percentage of Total Wind Energy Component Shipments

China is Greatest Exporter of Fans and Blowers

Table 4-14: Country Share of U.S. Domestic Imports of Industrial Fans and Blowers for Offshore Wind Farm Manufacturing, 2006 vs. 2010 (in $ millions)

Table 4-15: Country Share of U.S. Domestic Imports of Turbine and Generator Sets used for Offshore Wind Energy, 2006 vs. 2010 (in $ millions)

Imports of Measuring and Controlling Devices

Table 4-16: U.S. Imports of Measuring and Controlling Devices Used for Offshore Wind Energy Manufacturing, 2006 and 2010 (in $ millions)

Table 4-17: U.S. Import Value of Motors and Generators Used for Offshore Wind Energy Manufacturing, 2006 and 2010

Market Value of Offshore Foundation Manufacturing

Table 4-18: Global Market Value of Offshore Wind Energy Foundation Manufacturing, by Type of Foundation, 2009 vs. 2010 (in $ millions)

Table 4-19: Global Market Value of Offshore Wind Energy Foundation Manufacturing, by Region, 2009 vs. 2010 (in $ millions)

Table 4-20: Global Market Value of Offshore Wind Energy Foundation Manufacturing by European Country , 2009 vs. 2010 (in $ millions)

Strong Potential for Offshore Wind Energy Manufacturing

Figure 4-3: Cost of Offshore Turbine Project ($ thousand/MW)

Table 4-21: Earnings of Offshore MW Installed, by Region, 2010 to 2015 (in $ per MW)

Figure 4-4: Producer Price Index Trend of Wind Turbine Parts

Employment Outlook

Table 4-22: Percent Distribution of Employment and Establishments in Machinery Manufacturing by Sector, 2006

Table 4-23: Number of Current and Projected U.S. Jobs in Turbine Manufacturing, 2006 and 2016

Table 4-24: Total U.S. Employees in Turbine Subcomponent Manufacturing

Table 4-25: European Employment Forecast for Onshore and Offshore Wind Energy Initiatives, 2008 to 2030

Offshore Market will Reach $78.5B by 2015

Table 4-26: Global Market Value of Offshore Wind Energy Manufacturing, 2010 to 2015 (in $ millions)

Table 4-27: Global Forecast of Offshore Wind Energy Manufacturing, 2010 and 2015 (in $ millions)

Table 4-28: Global Share of Market Value of Offshore Wind Energy Manufacturing, 2010 and 2015

Figure 4-5: Forecast of Dollars Earned per Megawatts of Offshore Installed Capacity Worldwide, 2010 to 2015

Table 4-29: Projected Market Value of Offshore Wind Energy Foundation Manufacturing, 2009, 2010 and 2015 (in $ millions)

Table 4-30: Global Market Value of Offshore Wind Energy Foundation Manufacturing by Region, 2009, 2010 and 2015 (in $ millions)

Table 4-31: Projected Market Value of Offshore Wind Energy Foundation Manufacturing in Europe, 2009, 2010 and 2015

Figure 4-6: Global Share of Offshore Wind Energy to Total Wind Energy Manufacturing, by Region, 2010 and 2015

Table 4-32: Total Global Market Value of Offshore Wind Energy Manufacturing, 2010 and 2015 (in $ millions)

Chapter 5: Competitive Profiles

GE Energy

Overview and Performance

Figure 5-1: General Electric Co. Infrastructure Division Revenues and Year-Over-Year Growth, 2004 to 2009 (e) (in $billions)

Table 5-1: General Electric Revenues, 2004 to 2009 (e) (in $ billions)

Figure 5-2: Share of General Electric Revenue for 2009, by GE Business Unit in $ billions)

Research & Development

Mitsubishi Heavy Industries

Overview and Performance

Table 5-2: Mitsubishi Heavy Industries Revenues, 2008 and 2009, by Division (in $ billions)

Significant Developments

Siemens Power Generation

Overview and Performance

Table 5-3: Siemens AG Revenues, 2008 to 2009, by Business Unit (in $ billions)

Significant Developments

Suzlon Energy

Overview and Performance

Key Strategic Markets

Gamesa

Overview and Performance

Figure 5-3: Gamesa Revenues, 2003 to 2009 (in $ billions)

Vestas

Overview and Performance

Offshore Wind Turbine Specialists

Chapter 6: Product Innovation and Public Policy

Offshore Wind Farm Development Challenges

Table 6-1: Manufacturer Developments in Offshore Turbines

Offshore Wind Research Developments

Wind Turbine Product Innovation

Future Component Product Innovations

Turbine Research & Development

Innovations in Electricity Grid Integration

Legalities of Site Selection

Environmental Impacts Assessed

Germany Lays Undersea Cable

Table 6-2: Key Technical Data for the Borwin1 Wind Farm

Cluster Concept Used

U.S. Offshore Wind Farm Innovations

University-led Offshore Wind Research

Innovations in Offshore Foundations

Federal Incentives

Public Relations Woes for Wind Energy

AWEA Defends Wind Turbines

Abstract